Asset

Central bank digital currency and monetary policy implementation

Retrieved on: 
Thursday, April 18, 2024

Key Points: 

    EQS-News: Multitude SE preliminary unaudited 2023 results with strong revenue growth and earnings jump in 2023 in line with guidance

    Retrieved on: 
    Wednesday, April 10, 2024

    Strong key financial metrics reflected the Group’s resilience and effectiveness in navigating economic conditions and capitalising on market opportunities.

    Key Points: 
    • Strong key financial metrics reflected the Group’s resilience and effectiveness in navigating economic conditions and capitalising on market opportunities.
    • Revenue increased by 8.5% (EUR 18.0 million) from EUR 212.5 million in 2022 to EUR 230.5 million in 2023.
    • Net interest income increased by 4.9% (EUR 9.8 million) from EUR 198.4 million in 2022 to EUR 208.2 million in 2023.
    • Multitude's EBIT from continuing operations reached EUR 45.6 million in 2023 compared to EUR 31.5 million in 2022.

    EQS-News: PATRIZIA Annual Report 2023: Resilient platform but EBITDA impacted by market headwinds - cautious optimism for 2024 with focus on smart real asset investments

    Retrieved on: 
    Wednesday, April 10, 2024

    PATRIZIA remained an active net buyer with investments signed for clients more than offsetting disposals and redemptions, demonstrating the resilience of the Company’s independent investment platform.

    Key Points: 
    • PATRIZIA remained an active net buyer with investments signed for clients more than offsetting disposals and redemptions, demonstrating the resilience of the Company’s independent investment platform.
    • Nevertheless, AUM declined by 3.2% to EUR 57.3bn due to valuation pressure in a challenging market environment.
    • PATRIZIA reorganised operations and adapted its business focus to accommodate the lower level of client investments in the second half of 2023.
    • PATRIZIA continues to run a solid balance sheet with a net equity ratio of 69.0% and available liquidity of EUR 291.0m.

    Enthusiast Gaming Advances Strategic Objectives with C$4.1 Million Sale of Select Non-Core Assets

    Retrieved on: 
    Monday, April 1, 2024

    LOS ANGELES, April 01, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming and media company, today announced it has entered into a definitive agreement (the “Asset Sale Agreement”) for the divestment of certain non-core and non-profitable casual gaming assets (the “Assets”) for a purchase price of approximately C$4.1 million.

    Key Points: 
    • LOS ANGELES, April 01, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming and media company, today announced it has entered into a definitive agreement (the “Asset Sale Agreement”) for the divestment of certain non-core and non-profitable casual gaming assets (the “Assets”) for a purchase price of approximately C$4.1 million.
    • The Assets comprise a subset of Enthusiast Gaming’s casual gaming business, and the divestment is a continuation of a number of recent strategic actions designed to enhance the Company’s operational efficiency while emphasizing high-margin revenue growth and sustainable profitability.
    • “We are swiftly executing on our strategic objectives including operational efficiency, enhancing liquidity, and building a platform of sustainable profitability,” said Adrian Montgomery, Board Chair and Interim CEO of Enthusiast Gaming.
    • “This sale of a subset of non-core and non-profitable assets for C$4.1 million underscores our dedication to strengthening our balance sheet while simultaneously reducing operating costs.

    FloQast Delivers Advanced Reconciliation Management Automation Capabilities

    Retrieved on: 
    Wednesday, March 27, 2024

    LOS ANGELES, March 27, 2024 (GLOBE NEWSWIRE) -- FloQast, a Finance and Accounting Operations Platform provider created by accountants for accountants, today announced the launch of several new solution capabilities, including AI-enhanced automation and robust API integrations for FloQast™ Reconciliation Management .

    Key Points: 
    • LOS ANGELES, March 27, 2024 (GLOBE NEWSWIRE) -- FloQast, a Finance and Accounting Operations Platform provider created by accountants for accountants, today announced the launch of several new solution capabilities, including AI-enhanced automation and robust API integrations for FloQast™ Reconciliation Management .
    • 25% of organizations report they use little to no automation in their reconciliation management processes*.
    • "To alleviate these pressures, FloQast has introduced new AI-enhanced automation capabilities for reconciliations and broader API integrations.
    • New FloQast Reconciliation Management capabilities intelligently reconcile more accounts down the Balance Sheet while integrating with more third-party data sources to seamlessly deliver data directly into the reconciliation process, turbocharging efficiency and effectiveness.

    GDS Holdings Limited Reports Fourth Quarter and Full Year 2023 Results

    Retrieved on: 
    Tuesday, March 26, 2024

    Gross profit margin was 16.9% in the fourth quarter of 2023, compared with 20.3% in the fourth quarter of 2022, and 17.8% in the third quarter of 2023.

    Key Points: 
    • Gross profit margin was 16.9% in the fourth quarter of 2023, compared with 20.3% in the fourth quarter of 2022, and 17.8% in the third quarter of 2023.
    • Adjusted GP margin (non-GAAP) was 49.7% in the fourth quarter of 2023, compared with 50.9% in the fourth quarter of 2022, and 49.5% in the third quarter of 2023.
    • Others, net for the fourth quarter of 2023 was RMB30.5 million (US$4.3 million), compared with RMB31.0 million in the fourth quarter of 2022 and RMB21.7 million in the third quarter of 2023.
    • Adjusted EBITDA margin (non-GAAP) was 44.3% in the fourth quarter of 2023, compared with 44.6% in the fourth quarter of 2022, and 44.7% in the third quarter of 2023.

    C3is Inc. reports Revenue of $13.8 million, Net Income of $5.6 million and $0.25 earnings per diluted share for the fourth quarter of 2023, and financial and operating results for the quarter and twelve months ended December 31, 2023

    Retrieved on: 
    Tuesday, March 26, 2024

    Voyage revenues of $28.7 million for the twelve months ended December 31, 2023, corresponding to a daily TCE1 of $23,453.

    Key Points: 
    • Voyage revenues of $28.7 million for the twelve months ended December 31, 2023, corresponding to a daily TCE1 of $23,453.
    • Our Company generated a net income of $9.3 million for the twelve months ended December 31, 2023, and a net income of $5.6 million for the three months ended December 31, 2023.
    • 69.7% increase in Net Income to $5.6 million for the three months ended December 31, 2023, from $3.3 million for the three months ended September 30, 2023.
    • 45.3% increase in EBITDA2 to $7.7 million for the three months ended December 31, 2023, from $5.3 million for the three months ended September 30, 2023.

    Victory Capital Reports March 2024 Total Client Assets

    Retrieved on: 
    Tuesday, April 9, 2024

    2Total AUM includes both discretionary assets under management and non-discretionary assets under advisement and excludes Other Assets.

    Key Points: 
    • 2Total AUM includes both discretionary assets under management and non-discretionary assets under advisement and excludes Other Assets.
    • 5Represents only ETF assets held by third parties and excludes ETF assets held by other Victory Capital products.
    • These assets are included as part of Victory’s Regulatory Assets Under Management reported in Form ADV Part 1.
    • Victory Capital will report first-quarter 2024 financial results after the market closes on Thursday, May 9, 2024.

    Bios Health Group Unveils Bios Innovation Circle™

    Retrieved on: 
    Tuesday, April 9, 2024

    ATLANTA, April 9, 2024 /PRNewswire/ -- Bios Health Group, a leading strategic and investment partner for life science companies and investors, has today formally launched the Bios Innovation Circle™ – a groundbreaking venture studio and strategic hub, designed to propel biotechnology and life science companies towards growing success.

    Key Points: 
    • ATLANTA, April 9, 2024 /PRNewswire/ -- Bios Health Group, a leading strategic and investment partner for life science companies and investors, has today formally launched the Bios Innovation Circle™ – a groundbreaking venture studio and strategic hub, designed to propel biotechnology and life science companies towards growing success.
    • The Bios Innovation Circle™ supports biotech and life science companies through access to funding to support growth.
    • Speaking on the launch, Zizi Imatorbhebhe, CEO and Managing Partner of Bios Health Group, explains: "The Bios Innovation Circle™ is shattering traditional models and disrupting the status quo.
    • For more information on becoming a company member or partner in the Bios Innovation Circle™, contact: [email protected]

    Bios Health Group Unveils Bios Innovation Circle™

    Retrieved on: 
    Tuesday, April 9, 2024

    ATLANTA, April 9, 2024 /PRNewswire/ -- Bios Health Group, a leading strategic and investment partner for life science companies and investors, has today formally launched the Bios Innovation Circle™ – a groundbreaking venture studio and strategic hub, designed to propel biotechnology and life science companies towards growing success.

    Key Points: 
    • ATLANTA, April 9, 2024 /PRNewswire/ -- Bios Health Group, a leading strategic and investment partner for life science companies and investors, has today formally launched the Bios Innovation Circle™ – a groundbreaking venture studio and strategic hub, designed to propel biotechnology and life science companies towards growing success.
    • The Bios Innovation Circle™ supports biotech and life science companies through access to funding to support growth.
    • Speaking on the launch, Zizi Imatorbhebhe, CEO and Managing Partner of Bios Health Group, explains: "The Bios Innovation Circle™ is shattering traditional models and disrupting the status quo.
    • For more information on becoming a company member or partner in the Bios Innovation Circle™, contact: [email protected]